Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin an asset or a currency?
by
donalfonso
on 14/04/2018, 19:40:31 UTC

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html
I think bitcoin is best considered as an asset, and a very liquid asset. It is yet to fulfill all the conditions required for it to be called a currency in many countries of the world